也是在这里与大家第一次正式的见面到现在正好是一年的时间所以今天的业绩发布会既是我们平原银行在当前形势下对上半年经过程和业绩的一次汇报同时也想借这次机会就平原银行接下来转型发展的一些思路来与各位朋友更深度的进行沟通 好 接下来请与我介绍出席本次发布会的我行嘉宾他们是天津行党委书记行长季光恒先生副行长兼首席财务官向友志先生副行长杨志群先生 行长助理张召辉先生行长助理兼首席风险官吴立明先生以及我行独立董事及总行各主要部门的这个业务负责人下面我们首先有请便宜航党委书记行长西瓜衡先生为大家致辞有请西航 各位投资者分析师媒体界的朋友们大家上午好欢迎大家参加平安银行2024年中期业绩发布会很开心又次和大家在这里见面上半年宏观经济 延续复苏态势银行业总体保持平稳但银行经营的不确定性仍然较大7月30日中央政治局会议指出当前外部环境变化带来的不利影响增多国内有效需求不足经济运行出现分化重点领域风险隐患仍然较多新旧动能转换存在阵痛 前不久召开的二十届山东全会也对进一步全面深化改革推动中国式现代化指明了方向上半年国内经济运行保持在合理区间延续回升向好态势但宏观数据和行业主体之间存在一定的温差银行业的营收利润增长整体沉压利息快速收窄 ...

Investment Rating - The report recommends a "Buy" rating for CGN New Energy (1811HK) with a target price reflecting a significant upside potential based on its current valuation [3]. Core Views - The company achieved a revenue of $2.193 billion in 2023, a decrease of 9.8% year-on-year, while net profit attributable to shareholders increased by 37.2% to $268 million, primarily due to reduced asset impairment losses and a turnaround in joint venture profits [3]. - The company has increased its dividend payout ratio to 25% in 2023 from 20% in 2022, with a dividend of $0.0156 per share [3]. - The report highlights the company's strategic advantage in renewable energy project development through its affiliation with CGN Group, which provides it with priority access to projects and operational management capabilities [3]. Summary by Sections Financial Performance - In 2023, CGN New Energy reported a revenue of $2.193 billion, down 9.8% year-on-year, while net profit rose 37.2% to $268 million, with earnings per share at $0.0624 [3]. - The company’s net profit growth, excluding one-time impacts, was 10.6% year-on-year [3]. Dividend Policy - The company declared a dividend of $0.0156 per share for 2023, increasing the payout ratio to 25% from 20% in the previous year [3]. Market Position and Strategy - CGN New Energy benefits from its relationship with CGN Group, which has three platforms in the domestic renewable energy sector, allowing the company to leverage scale advantages and project acquisition capabilities [3]. - The consensus estimates for the company's net profit are projected at $320 million and $360 million for the next two years, corresponding to a valuation of approximately 4x and 3x PE, indicating it is undervalued [3].

港股晨报 2024 年 8 月 12 日星期一 周五震荡走低，险守二十天线。恒指随外围低开 恒生指数近一年走势 资料来源:WIND 如此报告被平证证券(香港)以外其他金融机构转发，该金融机构将独自承担其转发报告的责任。如该金融机构的客户欲就本报告所提到的证券进行交易或需要更多资料， 应联系该转发的金融机构。本报告不是平证证券(香港)作出的投资建议，平证证券(香港)或其任何董事、雇员或代理人概不就因使用本文件内所载数据而蒙受的任何直 接或间接损失承担任何责任。 港股回顾 上周五港股三大指数全天走俏，午后稍有回调但 仍维持强势行情，市场做多情绪回升明显。收盘 恒指涨 1.17%重回万七关口，国指涨 1.29%，恒生 科技指数涨 2.08%表现较佳，且盘中一度大涨 3.5%。晨报建议持续重点关注的半导体板块集体 走强，中芯国际（0981HK)盘中一度大涨超 9%收 涨近 5%；黄金股、石油股等避险板块表现活跃。 132 点，跌幅随即扩大至 247 点，低见 23730 点，其后 跌幅一度收窄至仅 20 点，午后大盘走势偏软，尾盘沽 压再度扩大。截至收盘，恒指收报 23831 点，下跌 145 点或 0.61%；国指 ...